Business Archives - Page 43 of 55

Finance

Sukesh Chandrasekhar Seeks to Declare $2.7B Overseas Income

By BPN News Desk January 13, 2025

In a surprising development, jailed conman Sukesh Chandrasekhar has written to Finance Minister Nirmala Sitharaman, seeking permission to declare an overseas income of $2.7 billion. Chandrasekhar, who is currently in prison for multiple fraud cases, expressed his willingness to pay taxes on the declared amount, aiming to comply with Indian tax regulations. Chandrasekhar’s

Markets

Stock Markets Tumble: Sensex Drops 800 Points, Nifty Falls 1%

By BPN News Desk January 13, 2025

Sensex loses 800 points, Nifty drops 1% as global market weakness impacts investor sentiment.

Jobs

Microsoft Rules Out Layoffs in India Amid Global Job Cuts

By BPN News Desk January 13, 2025

Microsoft confirms no layoffs in India, despite global workforce reductions, ensuring job security for its Indian employees.

Industry

India’s Industrial Output Growth Reaches 6-Month High of 5.2% in November

By Editor - News Desk January 13, 2025

India's industrial output increased by 5.2% year-on-year in November, marking a six-month high, driven by strong performances in manufacturing, electricity, and mining sectors.

Defence Trade

India’s Akash-1S Air Defence System Nears Second Export Deal in 2025

By BPN News Desk January 13, 2025

Following its initial export to Armenia, India's Akash-1S air defence system is set to secure a second international buyer in 2025.

Industry Trade

India’s iPhone Exports Surpass ₹1 Lakh Crore in 2024

By Editor - News Desk January 13, 2025

Apple's iPhone exports from India cross ₹1 lakh crore, with production and value addition rising significantly in 2024.

Trade

India’s Coal Imports Rise 2% to 182 Million Tonnes in April-November

By Editor - News Desk January 13, 2025

India's coal imports increased by 2% to 182.02 million tonnes during April-November 2024, with a notable decline in November imports due to sufficient domestic supply.

Finance

India’s Direct Tax Collections Surpass Estimates by ₹73k-83k Crore

By Editor - News Desk January 13, 2025

India's direct tax collections for FY2024-25 exceed budget estimates by ₹73,000-83,000 crore, though tax buoyancy shows a decline.

Trade

Experts Predict Global Trade Disruptions Under Trump 2.0

By BPN News Desk January 13, 2025

Analysts foresee significant impacts on international trade due to geopolitical tensions and potential US-led trade wars under President Trump's second term.